Key Points
- Insider sale: Newell Brands insider Melanie Arlene Huet sold 91,000 shares at an average price of $4.50, totaling about $409,500. After the transaction, she held just 867 shares, a 99% reduction in her ownership.
- Recent performance and earnings: Newell Brands reported Q1 earnings of -$0.05 per share, beating estimates of -$0.09, on revenue of $1.55 billion, also ahead of expectations. The company’s quarterly revenue still fell 1.1% year over year.
- Dividend and analyst view: The company declared a quarterly dividend of $0.07 per share, implying a 6.9% annualized yield. Analysts currently rate the stock a consensus Hold with an average price target of $5.06.
Newell Brands Inc. (NASDAQ:NWL - Get Free Report) insider Melanie Arlene Huet sold 91,000 shares of the firm's stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.50, for a total transaction of $409,500.00. Following the completion of the sale, the insider owned 867 shares of the company's stock, valued at $3,901.50. The trade was a 99.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Newell Brands Trading Down 10.1%
NASDAQ:NWL opened at $4.08 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of -6.09, a PEG ratio of 5.54 and a beta of 1.06. The firm has a fifty day simple moving average of $3.98 and a two-hundred day simple moving average of $4.00. Newell Brands Inc. has a 12 month low of $3.07 and a 12 month high of $6.64.
Newell Brands (NASDAQ:NWL - Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.04. The business had revenue of $1.55 billion during the quarter, compared to analysts' expectations of $1.51 billion. Newell Brands had a negative net margin of 3.91% and a positive return on equity of 8.89%. The business's quarterly revenue was down 1.1% on a year-over-year basis. During the same period last year, the company posted ($0.01) earnings per share. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. Analysts expect that Newell Brands Inc. will post 0.57 EPS for the current fiscal year.
Newell Brands Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Friday, May 29th. Newell Brands's dividend payout ratio (DPR) is presently -41.79%.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Quarry LP lifted its position in shares of Newell Brands by 139.3% during the fourth quarter. Quarry LP now owns 7,416 shares of the company's stock valued at $28,000 after purchasing an additional 4,317 shares in the last quarter. Summit Securities Group LLC bought a new position in shares of Newell Brands during the fourth quarter valued at about $30,000. Citizens Financial Group Inc. RI bought a new position in shares of Newell Brands during the fourth quarter valued at about $39,000. HighPoint Advisor Group LLC bought a new position in shares of Newell Brands during the fourth quarter valued at about $39,000. Finally, 111 Capital bought a new position in shares of Newell Brands during the fourth quarter valued at about $39,000. 92.50% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research firms have weighed in on NWL. Royal Bank Of Canada set a $4.00 price objective on shares of Newell Brands in a research note on Thursday, April 9th. UBS Group raised their price objective on shares of Newell Brands from $3.75 to $4.25 and gave the company a "neutral" rating in a research note on Monday, May 4th. Citigroup raised their price objective on shares of Newell Brands from $4.00 to $4.75 and gave the company a "neutral" rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Newell Brands from $5.00 to $3.00 and set a "hold" rating on the stock in a research note on Monday, March 30th. Finally, Barclays dropped their price objective on shares of Newell Brands from $6.00 to $5.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 14th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $5.06.
Get Our Latest Analysis on NWL
About Newell Brands
(
Get Free Report)
Newell Brands Inc, trading on NASDAQ under the ticker NWL, is a global consumer goods company known for its diverse portfolio of household, commercial, and specialty products. Formed through the merger of Newell Rubbermaid and Jarden Corporation in 2016, the company traces its roots back to Newell Manufacturing, which was founded in 1903. Headquartered in Atlanta, Georgia, Newell Brands has built a reputation for widely recognized brands spanning multiple consumer categories.
The company's business activities are organized across several segments, including writing and creative expression, home solutions, commercial products, and outdoor recreation.
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